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# Competing only on price can become a race to the...
> Competing only on price can become a race to the bottom. A competitor who slashes quality and mistreats employees to undercut you may be gone in months, so imitating them is a trap; the better strategy is to compete on quality and value.
**Source:** [[livestreams/Consumer Choice, Better Goods, and the True Cost of Cheapness - Workbook|Consumer Choice, Better Goods, and the True Cost of Cheapness]]
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“Competing only on price can become a race to the bottom. A competitor who slashes quality and mistreats employees to undercut you may be gone in months, so imitating them is a trap; the better strategy is to compete on quality and value.”
— Bryant McGill
https://bryantmcgill.com/quotes/quotes-competing-price-become-compete-quality-value
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